What changes will affect extrabudgetary funds

by texasnews

What attempts did the government to resolve the issue

Another change applies to extrabudgetary funds. The government attempted to resolve this issue.

In particular, the executive power had the right to open extra -budgetary accounts, but it was not indicated for what purposes. Now these goals will have to be presented in the state budget projects, which will allow you to control both parliament and the public direction of expenditure of extra -budgetary means. The simplified tax is removed from the document, since this type of tax in Armenia is no longer applied. Safaryan emphasized that at present we are talking only about the state budget, as for the budgets of local authorities, this issue has to return after a certain time. It is planned that a number of the provisions of the document will begin to be applied in 2016.

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